The Global UAV Market 2013-2023

This report is the result of SDI’s extensive market and company research covering the global UAV industry. It provides detailed analysis of both historic and forecast global industry values, factors influencing demand, the challenges faced by industry participants, analysis of the leading companies in the industry, and key news.

Introduction and Landscape

Why was the report written?

“The Global UAV Market 2013–2023” offers the reader detailed analysis of the global UAV market over the next ten years, alongside potential market opportunities to enter the industry, using detailed market size forecasts.

What are the key drivers behind recent market changes?

UAVs have proved to be exceedingly useful during peacekeeping missions and the ongoing global war on terror in Afghanistan and Pakistan, finding applications across ISR and combat roles. Furthermore, enhanced capabilities in areas such as endurance, data processing, and communications have broadened ISR UAV use in both defense and intelligence roles. It is anticipated that 4,000 different unmanned aircraft platforms are in circulation on the global market.

What makes this report unique and essential to read?

“The Global UAV Market 2013–2023” provides detailed analysis of the current industry size and growth expectations from 2013 to 2023, including highlights of key growth stimulators. It also benchmarks the industry against key global markets and provides detailed understanding of emerging opportunities in specific areas.

Key Features and benefits

The report provides detailed analysis of the market for UAV during 2013–2023, including the factors that influence the reasons countries are investing or cutting defense expenditure. It provides detailed expectations of growth rates and projected total expenditure.

In light of their enhanced endurance and lower maintenance costs, solar-powered UAVs are emerging as the latest revelation in the market, attracting investment from defense ministries across the globe. High endurance of solar-powered UAVs enhances their ability to provide real-time, high-quality surveillance data for large geographical areas, and for longer periods. HALE UAVs offer a low-cost consistent surveillance capability and are capable of producing and storing solar energy in their fuel cells which can then be used for night flying.

Key Market Issues

Europe and North America, recovering from the financial crisis, account for an estimated 80% of global defense spending. Austerity measures introduced by national governments have justifiably led to reduced defense budgets, and subsequently the cancellation and inordinate delays of various UAV programs.

Despite the advantages UAVs extend to the military, concerns regarding high accident rates continue to prevent widespread deployment, particularly over civil aerospace. Crashes have been reported from all parts of the world, caused mostly due to poor weather, human error, and system failures. Such crashes not only lead to a waste of money but also compromise secret missions.

Key Highlights

Almost all major countries now have their UCAV programs in place, some in isolation, and others in collaboration. Leading the way, in May 2013, the U.S. Navy underwent flight trials for the X-47B, a giant leap in the UCAV industry, as it was for the first time that an unmanned aircraft took off from an aircraft carrier. Though it is not due to go into production, the research and development is expected to spawn operational variants in the near future.

The effectiveness of UAVs as showcased by recent US missions in its war against terrorism is envisaged to change the overall future dynamics of warfare. UAVs have amply demonstrated the redundancy of engaging armed defense forces supported by air cover, for hitting targets and destroying enemy posts. By utilizing satellite data and ground information, a remotely piloted UAV has the ability to strike a chosen target with optimum precision.

The Global UAV Market 2013-2023

3 Global UAV Market Size and Drivers 3.1 UAV Market Size and Forecast 2013-2023 3.1.1 Global UAV market is estimated at US$114.7 billion during the forecast period 3.2 Global UAV Market - Regional Analysis 3.2.1 North America constitutes the majority share in the global UAV market 3.2.2 Demand for UAVs in the US to spur the North American UAV market 3.2.3 Europe set to spend US$24.3 billion on UAVs across the forecast period 3.2.4 UAV market expected to grow at a CAGR of 8.66% in the Asia-Pacific region 3.2.5 Regional unrest to trigger UAV demand in the Middle East during the forecast period 3.2.6 Brazil to dominate the UAV market in Latin America 3.2.7 African markets expected to grow as western defense manufacturers target the region 3.3 UAV Sub-Sector Market Size Composition 3.3.1 HALE UAVs forecast to constitute the largest share of the UAV market 3.3.2 Market for UCAVs expected to increase at a CAGR of 7.98% during the forecast period 3.3.3 Need for real-time persistent surveillance to drive the MALE UAV market during the forecast period 3.3.4 Demand for TUAVs to grow at a CAGR of 1.81% during the forecast period 3.3.5 Market size of VTOL UAVs is estimated to be US$5.2 billion during the forecast period 3.3.6 Market for MUAVs expected to reach US$390.0 million by 2023 3.4 Demand Drivers and Growth Stimulators 3.4.1 Demand for UAVs propelled by internal and external security threats 3.4.2 Territorial disputes anticipated to increase global demand in UAVs for border monitoring 3.4.3 Need for advanced defense systems creates market opportunity for UAVs 3.5 Defense Budget Spending Review 3.5.1 European capital expenditure expected to increase during the forecast period 3.5.2 Asian defense budgets expected to increase at a robust pace 3.5.3 North American defense expenditure projected to decline marginally during the forecast period 3.5.4 Modernization programs likely to drive defense expenditure in South American countries 3.5.5 Military budgets of African countries expected to increase during the forecast period 3.5.6 Defense budgets of Middle Eastern countries likely to increase during the forecast period 3.6 Defense Modernization Review 3.6.1 Debt crisis in Europe leading to postponement of modernization plans 3.6.2 Arms race in Asia reflected in modernization plans 3.6.3 North American modernization plans marginally affected by economic recession 3.6.4 Modernization programs in South America driven by replacement of obsolete armaments 3.6.5 African countries mainly spending on infantry weapons, and surveillance and monitoring equipment, to slow growing crime rate 3.6.6 Middle Eastern countries pursuing modernization of air force and air defense systems

6 Country Analysis - UAV Market 6.1 United States Market Size and Forecast 2013-2023 6.1.1 HALE UAV market expected to reach US$21.7 billion by 2023 6.1.2 UCAVs to account for the second largest area of expenditure by the US 6.1.3 Expenditure on MALE UAVs to increase at a CAGR of 13.36% over the forecast period 6.2 Canada Market Size and Forecast 2013-2023 6.2.1 Spending on HALE UAV to increase at a CAGR of 10.84% 6.2.2 Canada anticipated to direct significant fund towards UCAVs over the forecast period 6.2.3 Expenditure on MUAVs to remain modest during the forecast period 6.3 France Market Size and Forecast 2013-2023 6.3.1 France expected to acquire a considerable number of MALE UAVs during the forecast period 6.3.2 Market for UCAVs to increase at a CAGR of 12.61% over the forecast period 6.3.3 France expected to acquire MUAVs during the forecast period 6.4 UK Market Size and Forecast 2013-2023 6.4.1 MALE UAVs expected to account for the highest segment of expenditure in the UK 6.4.2 UCAV segment to account for the second highest segment of expenditure in the UK 6.4.3 Expenditure on TUAVs likely to remain steady during the forecast period 6.5 Russia Market Size and Forecast 2013-2023 6.5.1 Russia set for considerable investment to acquire MALE UAVs 6.5.2 Russian expenditure on UCAV to be robust during the forecast period 6.5.3 Russian VTOL-UAV procurement will amount to US$140 million 6.6 China Market Size and Forecast 2013-2023 6.6.1 China's UCAV market to account for the highest segment of expenditure over the forecast period 6.6.2 China's MALE UAV programs expected to grow at a CAGR of 2.26% 6.6.3 HALE UAVs to account for the third largest segment of expenditure in China 6.7 South Korea Market Size and Forecast 2013-2023 6.7.1 South Korea eyes considerable investment in domestic MALE UAVs 6.7.2 HALE UAV procurement expected to account for the second largest share of South Korean UAV market 6.7.1 South Korean expenditure on TUAVs to increase at a CAGR of 3.63% over the forecast period 6.8 India Market Size and Forecast 2013-2023 6.8.1 Expenditure on HALE UAVs to grow at a CAGR of 32.14% over the forecast period 6.8.2 MALE UAVs to account for the second largest segment of Indian expenditure 6.8.3 Expenditure on UCAVS to account for the highest share of Indian expenditure on this sector 6.9 The UAE Market Size and Forecast 2013-2023 6.9.1 UCAV market in the UAE to register a growth of 3.84% over the forecast period 6.9.2 MALE UAVs are likely to be procured by the UAE for intelligence and surveillance missions 6.1 Saudi Arabia Market Size and Forecast 2013-2023 6.10.1 UCAVs expected to account for the largest segment of expenditure over the forecast period 6.10.2 Total spending on MALE UAV is expected to reach US$105 million 6.11 Israel Market Size and Forecast 2013-2023 6.11.1 MALE UAVs expected to comprise highest expenditure over the forecast period 6.11.2 Spending on TUAV to remain modest 6.12 Brazil Market Size and Forecast 2013-2023 6.12.1 Spending on MUAVs expected to increase at 7.18% during the forecast period 6.12.2 MALE UAVs to be the largest segment in Brazilian UAV market 6.13 South African Market Size and Forecast 2013-2023 6.13.1 TUAVs to account for a major portion of spending by South Africa on UAVs

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